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An investor has $2,000 invested in stock A and $5,000 in stock B. The daily volatilities of A and B are 1.5% and 1% respectively

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An investor has $2,000 invested in stock A and $5,000 in stock B. The daily volatilities of A and B are 1.5% and 1% respectively and the coefficient of correlation is 0.8. What is the ten-day 99% VaR? Assume that returns are multivariate normal. (Note that N(-2.326)=0.01) 0 $428.96 $560.26 $588.52 $76316 $498.95

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